Show Low cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.

An overview of the general cost of living index for Show Low, AZ is displayed above for your reference. Residents in Show Low, AZ enjoy a cost of living index of 96. This index is 2% lower than the Arizona average, and 4% lower than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Show Low, AZ, the average cost of goods and services is 4% higher than it is in Arizona, and it is 1% higher than the national average.

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How would you rate the cost of living in Show Low?Excellent. Goods, services and housing are all very affordable.Good. Most goods and services are affordable.Poor. Everything is more expensive than I'd like.Awful. You'll have to take out a loan to live here.View resultsWrite a review to give others more information about this area.Is the cost of living increasing or decreasing in Show Low?Decreasing rapidly. Costs are dropping at a rapid rate.Decreasing steadily. Costs of goods and services are declining.Increasing steadily. Prices are increasing, but at a reasonable rate.Increasing rapidly. I can barely keep up with the increasing prices.View resultsWrite a review to give others more information about this area.

Did you know?

The cost of living in Show Low is 2% lower than the Arizona average.

The cost of living in Show Low is 4% lower than the national average.

The cost of housing in Show Low is 23% lower than the national average.

Compare Show Low, AZ Cost of living To Other Cities

Salary Calculator

I currently make 50,000This is how much you would need to earn in Price difference in compared to

Cost of living index

Goods & Services index

Groceries index

Health care index

Housing index

Transportation index

Utilities index

Use the salary calculator to compare your current income in Show Low, AZ to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Show Low, AZ, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Show Low, AZ salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median Income

Per Year

Per Month

Max Budget (28% DTI)

Max Budget (36% DTI)

Owners

$56,189

$4,682

$1,311

$1,686

Renters

$24,759

$2,063

$578

$743

The affordability of the housing market in Show Low, AZ as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Show Low, AZ homeowners, the median income is $56,189. This indicates that a monthly maximum of $1,311 should be spent by homeowners on all housing related costs. Renters have a median income of $24,759. This indicates that renters should have a maximum of $578 used for their rent related monthly costs.

Arizona Sales Tax

State

General Sales Tax

With Max Surtax

Arizona

5.6%

10.725%

Arizona Income Tax

State

Income Tax (Low)

Income Tax (High)

Arizona

2.59%

4.54%

When you are determining the total cost of living in Show Low, AZ you will want to make sure you consider both the Arizona sales tax and the Arizona income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Arizona is 5.6%, with the highest surtax being 10.725%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Arizona have a range from 2.59% to 4.54%.

Goods & Services

Item

Show Low

National avg.

Difference

Haircut

$16.69

$16.09

3.8%

Beauty Salon

$45.75

$37.33

22.5%

Toothpaste

$2.12

$2.45

13.5%

Shampoo

$0.90

$1.00

9.9%

Movie

$10.02

$10.28

2.5%

Bowling

$4.46

$4.93

9.6%

Groceries

Item

Show Low

National avg.

Difference

Ground Beef

$3.29

$3.80

13.6%

Fried Chicken

$2.13

$1.40

52.4%

Milk

$1.63

$2.01

18.7%

Potatoes

$4.47

$3.01

48.5%

Pizza

$9.27

$9.89

6.2%

Beer

$10.02

$8.90

12.6%

Health Care

Item

Show Low

National avg.

Difference

Optometrist

$107.83

$102.16

5.6%

Doctor

$121.32

$108.36

12.0%

Dentist

$105.83

$92.53

14.4%

Ibuprofen

$10.08

$9.28

8.7%

Lipitor

$440.70

$425.82

3.5%

Housing

Item

Show Low

National avg.

Difference

Home Price

$136,500.00

$184,700.00

26.1%

Avg. Mortgage Payment

$1,757.58

$1,202.44

46.2%

Apartment Rent

$810.00

$949.00

14.6%

Transportation

Item

Show Low

National avg.

Difference

Gasoline

$2.32

$2.24

3.5%

Tire Balancing

$45.63

$46.29

1.4%

Utilities

Item

Show Low

National avg.

Difference

All Electricity

$145.27

$165.96

12.5%

Phone

$34.69

$28.68

20.9%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.